Trade margins capped at 70% for oximeters, BP meters, other medical devices

The medical devices, which have been in high demand during the Covid-19 pandemic, will now see a drop in prices, as the earlier margins were up to 709 per cent for some of these products. IMAGE:......

Reckitt Benckiser to acquire Paras Pharma

Multinational FMCG giant Reckitt Benckiser on Monday said it has agreed to fully acquire Ahmedabad -based Paras Pharmaceuticals Ltd for Rs 3,260 crore (Rs 32.60 billion). As part of the deal, the......